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Published on: 2024-12-25 14:50:49 Published on: 2024-12-25 14:50:49

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There is no upper limit on the amount that can be deposited.

These deposits are eligible for tax deductions under section 80C of the Income Tax Act.

The maturity period for the deposit is five years from the date of investment.

The interest rate for the National Savings Certificate is currently 7.7% per annum, which is compounded annually.

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